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TCS Q2 Net Rises 8.4% to Rs 6,446 Crores

By Sunil Fernandes

Published: Thursday, October 12, 2017, 18:10 [IST]

TCS second quarter earnings beat analysts estimates with net profit rising 8.4 percent sequentially Rs 6,446 crores.

Revenues during the period rose 3.2 percent to Rs 30,541 crore on a sequential basis, driven by all round growth.

"We experienced robust volume growth in Q2, driven by good demand across multiple industry verticals," Rajesh Gopinathan, CEO & MD said.

The company has declared a dividend of Rs 7 per share.

"Our investment programme remains geared for growth. Continued investments in digital design and transformational capabilities are paying off, and it shows in the strong growth in our Digital business," TCS CFO V Ramakrishnan said.

GoodReturns.in

Story first published: Thursday, October 12, 2017, 18:10 [IST]

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